EGYPT

President Mubarak Inaugurates Zeit Bay Field 

On 18 April Egyptian President Husni Mubarak officially inaugurated the Zeit Bay field in the Gulf of Suez, which began test production last year (MEES, 16 April 1984). Speaking at the official ceremony, Egyptian Oil Minister Abd El-Hadi Kandil said that the field is now producing 65,000 b/d and its output is expected to rise to 100,000-120,000 b/d next year. He also said that the field's reserves are estimated at 195mn barrels.

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